Latest Nissan Motor Co Ltd News

Tesla launches in Thailand, vying to compete with China EVs

Dec. 07, 2022 05:44 AM EST

BANGKOK (AP) — Tesla has launched sales in Thailand, offering its popular Model 3 and Model Y at prices aimed at competing with rivals like China’s BYD. The company staged a glitzy showcase of its plans Wednesday at Bangkok’s Siam Paragon mall. Online purchases have begun,...

Nissan's quarterly profit falls amid computer chip crunch

Nov. 09, 2022 04:10 AM EST

TOKYO (AP) — Nissan’s profit fell 68% in the last quarter as a shortage of computer chips hindered the Japanese automaker’s ability to deliver vehicles to its customers. Nissan Motor Co. reported Wednesday that its profit was 17.4 billion yen ($119 million) in the...

Americans convicted in Japan on Ghosn's escape return home

Nov. 07, 2022 23:00 PM EST

TOKYO (AP) — An American father and son convicted in Japan on charges of helping Nissan former Chairman Carlos Ghosn escape to Lebanon, hiding in a box, have been returned to the U.S., their lawyer said Tuesday. Michael Taylor, a former Green Beret, was sentenced in July last year...

German tapped to lead Japan's medical company Olympus as CEO

Oct. 21, 2022 05:57 AM EDT

TOKYO (AP) — Japanese medical equipment maker Olympus said Friday it has named as its next chief executive Stefan Kaufmann, a German who has worked for two decades at the manufacturer once known for old-style photographic cameras. Kaufmann's appointment will take effect in April,...

Smartphone maker Foxconn unveils EV for Taiwan brand Yulon

Oct. 18, 2022 03:46 AM EDT

TAIPEI, Taiwan (AP) — The company that assembles smartphones for Apple Inc. and other global brands unveiled an electric SUV on Tuesday that will be produced for a Taiwanese automaker under a similar contract model. Foxconn Technology Group said the SUV will be sold by Yulon Motor...

Japan's Sony, Honda jointly making EVs for 2026 US delivery

Oct. 13, 2022 01:33 AM EDT

TOKYO (AP) — A new electric car company that brings together two big names in Japanese business, Honda and Sony, officially kicked off Thursday. The electric vehicle from Sony Honda Mobility Inc. will go on sale in 2025, with deliveries coming first in the U.S. in early 2026, and...

Japanese automaker Nissan says it is pulling out of Russia

Oct. 11, 2022 07:49 AM EDT

TOKYO (AP) — Japanese automaker Nissan Motor Co. said Tuesday that it plans to sell its Russian operations to its local partner and withdraw from manufacturing there. The company said its executive committee approved the sale to Russia’s Central Research and Development...

Warriors-Wizards games in Japan to woo NBA fans, sponsors

Sep. 29, 2022 17:07 PM EDT

TOKYO (AP) — Before Stephen Curry makes a single 3-pointer, before Rui Hachimura gets his first ovation from Japanese fans who came to cheer one of their own, the NBA Japan Games are already a huge win in one regard. The money. Big money is riding on — and getting...